About

Life in Budd Lake

Budd Lake is a community of 10,106 people in New Jersey. The median household income is $113,036, median rent runs about $1,402 per month, and median home values are around $456,100. Unemployment is low at 4.4%, suggesting a relatively healthy local job market.

Budd Lake at a Glance

Population, income, housing and more

Median Age

36.9 yrs

Poverty Rate

4.6%

Foreign-Born

22.1%

Broadband Internet

95.6%

of households

Population Growth

+3.7%

recent change · Census Bureau

Median household income

Budd Lake$114,154
New Jersey avg$103,556
US$80,734

Demographics22.1% foreign-born, most often from India

Who lives in Budd Lake: race and ethnicity, ages, households, languages and countries of origin

In Budd Lake, the largest foreign-born group is from India (18.3%), and 14.4% of residents speak Spanish at home.

Under 18

28.2%

of residents

65 and Older

11.1%

of residents

Households with Kids

44.5%

anyone under 18

Living Alone

15.3%

of households

Married Couples

59.4%

of households

Avg Household Size

2.87

people

Race & Ethnicity

White58.0%
Hispanic or Latino21.2%
Black9.2%
Asian7.4%
Two or more races3.4%
Other0.7%

Hispanic or Latino of any race; other groups are non-Hispanic

Top countries of origin (foreign-born)

India18.3%
Ghana8.6%
El Salvador6.9%
Jamaica6.7%
Dominican Republic5.9%
Honduras5.4%
Greece5.2%
Poland5.2%
Bosnia and Herzegovina5.0%
France3.1%

Languages Spoken at Home

English only67.3%
Spanish14.4%
Other Indo-European8.7%
Russian/Slavic3.9%
Other2.0%
French/Haitian1.2%
Other Asian/Pacific0.9%
Chinese0.7%

Cost of Livingrent 18% below NJ average

Rent, home values, and income in Budd Lake

In Budd Lake, rent runs 18% below the NJ average.

Median rent (per month)

Budd Lake$1,402
New Jersey avg$1,720
US$1,413

Median home value

Budd Lake$456,100
New Jersey avg$454,400
US$332,700

Rent Burdened

39.8%

spending 30%+ of income on rent

Severely Rent Burdened

10.8%

spending 50%+

Cost of Living Index

112.6

metro area (BEA) · US avg = 100

Homeowners

74.8%

of occupied homes are owned

Typical Home Built

1975

median year built

Vacant Homes

0.7%

of housing units

Home Value Trend

$401,893
$538,856
202120222023202420252026

Latest: $538,856 (September 2026)

Jobs & Economyunemployment 0.8 pts below NJ average

Unemployment in Budd Lake

Unemployment in Morris County, which includes Budd Lake, is 0.8 percentage points lower than the NJ average.

Unemployment rate

Budd Lake4.4%
New Jersey avg5.2%
US4.3%

Budd Lake: Morris County rate (county-wide) · BLS annual average

Unemployment Rate — 10 Year Trend

3.8%
3.5%
3.1%
2.7%
7.5%
5.3%
3.2%
3.5%
3.8%
4.4%
2016201720182019202020212022202320242025

Morris County (county-wide) · Annual averages

Budd Lake is about 2% of Morris County’s population, so county-wide figures may differ from local conditions.

What Budd Lake Residents Do for Work · share of employed residents by industry

Education & health care22.2%
Manufacturing13.8%
Retail12.1%
Professional & business services10.4%
Finance & real estate7.5%
Public administration5.6%
Transportation & utilities5.3%
Wholesale trade1.6%

City residents, wherever they work

Commute30.4 min avg

How Budd Lake residents get to work, and the nearest airports

In Budd Lake, most residents drive alone to work (73%), and 50% get there in under 30 minutes.

How People Get to Work

Drive alone72.6%
Carpool7.3%
Public transit0.7%
Walk0.0%
Work from home19.1%
Other0.2%

Commute Time Distribution

Under 15 min23.6%
15–29 min26.5%
30–44 min24.1%
45–59 min13.1%
60+ min12.8%

Nearest airports · with airline service

  • Newark Liberty International Airport (EWR)

    Major hub23.5M passengers boarded in 2025

    32 mi

Straight-line distance. Size is the FAA’s hub category, based on passenger traffic: regional airports may have only a few flights a day.

Safetyviolent crime 89% below national average

Crime rates for 2025

Violent crime in the area policed by the Mount Olive Township Police Department, which covers Budd Lake, runs 89% below the national average.

Violent Crime Rate

37.1

per 100,000 residents

Below average (329 national, 2025)

Property Crime Rate

391.5

per 100,000 residents

Below average (1,552 national, 2025)

Policed by Mount Olive Township Police Department (township-wide rate)

Natural DisastersWinter Weather most common — 21 events in 2025

Natural hazard risk, storms and earthquakes

FEMA National Risk Index

Relatively Moderate

92.9 / 100

Compares expected losses from natural hazards, social vulnerability and community resilience against every US county (higher = more risk).

Winter weather · Very HighCold wave · HighLightning · HighInland flooding · HighStrong wind · High

Morris County, county-wide · FEMA NRI December 2025

In Morris County, which includes Budd Lake, the most common type is winter weather, with 21 recorded events in 2025.

Most common events:

Winter WeatherThunderstorm WindFlash FloodWinter StormHail

Storm events by year

YearEventsTop TypeProperty Damage
202521Winter Weather$5,000
202427Winter WeatherNone reported
202327Thunderstorm Wind$100,000
202218Winter Weather$1,000
202128Thunderstorm Wind$10.0M
202018Thunderstorm Wind$40,000
201931Thunderstorm WindNone reported
201819Winter StormNone reported

Property damage is the National Weather Service's estimate filed with each event. “None reported” means the events were logged with $0 damage; “Not estimated” means no estimate was filed. Storms covering several counties aren't counted here, since NOAA doesn't split their damage by county.

0 earthquakes of magnitude 2.5+ within 100 miles in the past year

Morris County, county-wide

Budd Lake is about 2% of Morris County’s population, so county-wide figures may differ from local conditions.

Air Quality39 median AQI — Good

Days by air quality category (2025)

Air quality in Morris County, which includes Budd Lake, is typically good — 275 good-air days per year.

Median AQI

39

Good Days

275

per year

Moderate Days

48

per year

Unhealthy Days

0

per year

Morris County, county-wide

Budd Lake is about 2% of Morris County’s population, so county-wide figures may differ from local conditions.

Climate81°F summers, 21°F winters

30-year climate averages (1991–2020) — monthly temperatures and precipitation

Budd Lake has warm summers (avg high 81°F) and cold winters (avg low 21°F).

Spring (Mar–May)

60°/38°F

avg high / low

Summer (Jun–Aug)

81°/60°F

avg high / low

Fall (Sep–Nov)

63°/42°F

avg high / low

Winter (Dec–Feb)

39°/21°F

avg high / low

Annual Precipitation

51.5"

Annual Snowfall

29.6"

Hot Days/Year

11

days above 90°F

Freeze Days/Year

127

days below 32°F

Rainy Days/Year

120

Average month

High °FLow °FPrecip (in)
10°30°50°70°90°5.5"Jan: 3.27" precipitationFeb: 2.83" precipitationMar: 4.07" precipitationApr: 3.78" precipitationMay: 3.83" precipitationJun: 4.54" precipitationJul: 5.06" precipitationAug: 4.85" precipitationSep: 4.32" precipitationOct: 4.64" precipitationNov: 3.43" precipitationDec: 4.18" precipitation19°JJan: high 36°F, low 19°FFFeb: high 39°F, low 20°FMMar: high 48°F, low 28°FAApr: high 61°F, low 38°FMMay: high 71°F, low 48°FJJun: high 79°F, low 57°F84°JJul: high 84°F, low 62°FAAug: high 82°F, low 60°FSSep: high 74°F, low 52°FOOct: high 63°F, low 42°FNNov: high 52°F, low 32°FDDec: high 41°F, low 25°F
Show month-by-month table ↓
MonthHighLowPrecip
Jan36°F19°F3.27"
Feb39°F20°F2.83"
Mar48°F28°F4.07"
Apr61°F38°F3.78"
May71°F48°F3.83"
Jun79°F57°F4.54"
Jul84°F62°F5.06"
Aug82°F60°F4.85"
Sep74°F52°F4.32"
Oct63°F42°F4.64"
Nov52°F32°F3.43"
Dec41°F25°F4.18"

Healthcare

Hospitals, ratings, and health insurance in Budd Lake

Uninsured

4.3%

of residents

No hospitals inside Budd Lake's limits — nearest hospitals · within 15 miles

Ahs Hospital Corp

Acute Care Hospitals · ER available · 4.2 mi away · Hackettstown

Greystone Park Psychiatric Hospital

Psychiatric · 11.9 mi away · Morris Plains

Not rated

Newton Medical Center

Acute Care Hospitals · ER available · 12.9 mi away · Newton

Adult Health · vs. the typical US place

Obesity24.2%US 36.8%
Diabetes8.6%US 12.6%
High blood pressure29.1%US 37.1%
Current smoking10.0%US 15.0%
No leisure-time physical activity20.0%US 26.6%
Depression15.7%US 23.0%
Asthma8.7%US 10.7%
Routine checkup in past year76.9%US 78.2%

Share of adults. Modeled estimates, not counted cases. “US” = the typical US place.

Medicare-certified hospitals only. Doesn’t include clinics, urgent care, or freestanding ERs.

Education10.0:1 student/teacher ratio

Schools and degree attainment in Budd Lake

Budd Lake's student/teacher ratio is 10.0:1 (lower than the national average of 16:1), and 45.3% of adults 25+ hold a bachelor's degree or higher.

Public Schools

1

within city limits

Private Schools

0

within city limits

College Degree Rate

45.3%

adults 25+ with bachelor's or higher

Student/Teacher Ratio

10.0:1

National avg 16:1

Schools located within city limits (2023) — school-level metrics change slowly year to year

Colleges Near Budd Lake (within 15 miles)

Centenary University

5.4 mi away

Private nonprofit · 4-year · 910 students · in-state tuition $39,632 · 67% graduate · median earnings $60,078 (10 yrs after entry)

Degree-granting colleges with 100+ students, placed by campus location (main campuses only — branch campuses are reported under their parent school)

Parks & Recreationclosest: Morristown National Historical Park, 13 mi

Nearby national parks, recreation areas and public libraries for Budd Lake

Budd Lake has 8 nearby national parks or recreation areas, closest being Morristown National Historical Park (13 mi away).

Nearby National Parks & Recreation Areas

Morristown National Historical Park

National Historical Park

13 mi away

Delaware Water Gap National Recreation Area

National Recreation Area

21 mi away

Thomas Edison National Historical Park

National Historical Park

27 mi away

Paterson Great Falls National Historical Park

National Historical Park

29 mi away

Lower Delaware National Wild and Scenic River

National Wild and Scenic River

35 mi away

Ellis Island Part of Statue of Liberty National Monument

Part of Statue of Liberty National Monument

38 mi away

Statue Of Liberty National Monument

National Monument

38 mi away

Castle Clinton National Monument

National Monument

39 mi away

Cities Near Budd Lake

The closest cities within 60 miles

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Budd Lake FAQ

Is Budd Lake, New Jersey affordable?⌄

Budd Lake's median rent is $1,402/month, which is close to the national average. The median household income is $114,154/year. Median home value is $456,100.

Is Budd Lake, New Jersey safe?⌄

Budd Lake is policed by the Mount Olive Township Police Department, whose violent crime rate across its service area was 37 per 100,000 residents in 2025, which is well below the national average — one of the safer cities in the country of 329/100k that year. Property crime rate is 392 per 100,000. As with any city, crime rates vary by neighborhood.

What is the job market like in Budd Lake, New Jersey?⌄

Morris County, which includes Budd Lake, has an unemployment rate of 4.4%, which is close to the national average of 4.3%.

What is the cost of living in Budd Lake, New Jersey?⌄

The cost of living in Budd Lake is primarily driven by housing. Median rent is $1,402/month and median household income is $114,154/year. The median home value is $456,100. About 40% of renters spend more than 30% of their income on housing.

How is the commute in Budd Lake, New Jersey?⌄

The average commute in Budd Lake is 30 minutes, which is about average compared to the national average of 26 minutes.

Data from the US Census Bureau, BLS, FBI, NOAA, EPA, Zillow Research and other public sources. Where our data comes from